Zoom reports Q2 revenue of $663.5M, up 355% YoY, ~370K customers with 10+ employees, up 458% YoY, and net income of $186M, up from $5.5M YoY; stock up 10%+
- Zoom raised its fiscal-year guidance, easily exceeding analysts' estimates. — The company made executive and board appointments in the quarter as usage soared.
CNBC Jordan Novet
Related Coverage
- Zoom Reports Second Quarter Results for Fiscal Year 2021 Zoom
- Zoom shares hit record high amid blowout earnings for second quarter The Guardian · Kari Paul
- Zoom's Q2 report details some of the most extraordinary growth I've ever seen TechCrunch · Alex Wilhelm
- Zoom Zooms on Analysts' Upgrades Following Blowout Earnings TheStreet · M. Corey Goldman
- Zoom shares up more than 40 percent following stellar quarterly report TechSpot · Shawn Knight
- Zoom revenues up 355% in second quarter of 2020 cloudpro.co.uk · Bobby Hellard
- Zoom beats great expectations with 355pc revenue growth Silicon Republic · Elaine Burke
- Zoom (ZM) Stock Soars 27% in Pre-market as Company Reported Massive Earnings Coinspeaker · Benjamin Godfrey
- Zoom had a blockbuster quarter as revenue more than quadruples Digital Trends · Shubham Agarwal
- Microsoft and Slack's long-standing duel is becoming a three-way showdown amid Zoom's explosive earnings OnMSFT.com · Kareem Anderson
- Zoom's revenue jumps 355% as it crushes earnings expectations SiliconANGLE · Mike Wheatley
- What can Zoom do for a sequel to one of the most astounding earnings blowouts of all time? MarketWatch · Jeremy C. Owens
- Zoom Revenues Jump 355 Percent Thurrott · Paul Thurrott
- Zoom posts another stellar quarter, with revenue up 355 percent ZDNet · Stephanie Condon
- Zoom crushes Q2 analyst expectations amid pandemic Axios · Kia Kokalitcheva
- Zoom Trounces Second Quarter Estimates, Raises Outlook TheStreet · Annie Gaus
- Zoom saw revenue quadruple in monster second quarter The Verge · Kim Lyons
Discussion
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@jordannovet
Jordan Novet
on x
today at 2:30 p.m. PT Zoom has its Zoom call to go over earnings. if the CEO starts speaking while on mute today like he did last quarter i'm going to smile and nod slowly and remember that we are all human and i literally did this myself this weekend https://www.cnbc.com/...
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@ryanqualtrics
Ryan Smith
on x
Holly Smokes. Unprecedented. Congrats @ericsyuan & team. https://www.cnbc.com/...
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@aleyda
Aleyda Solis
on x
Zoom's revenue grew 355% annually in Q2: https://www.cnbc.com/... “It made as much money in the last quarter as it did during all of 2019.” via @MorningBrew